SITA announced its agreement to purchase Flightscape, which is CAE's airline operations software business. This acquisition represents a significant expansion of SITA’s capabilities within the aviation sector. The transaction focuses specifically on acquiring Flightscape’s existing assets and intellectual property. Details regarding the financial terms of the deal were not disclosed at the time of publication. Industry analysts anticipate this move will bolster SITA’s offerings related to operational efficiency for airlines globally.
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This PlaneNews briefing summarizes reporting originally published by www.aerotime.aero.
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